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1st House Hack Complete

Writer's picture: tannerpile22tannerpile22

Updated: Jul 22, 2022

I have successfully gone through the entire cycle of my first house hack! I purchased a condo as a 50/50 owner with a family member and put $0 down of my own money. Found a roommate to pay 75% of the mortgage and saved $1,500 a month towards purchasing my next house hack. After one year I created $31k in net worth return on investment. This number is from rent savings, loan paydown, and appreciation over one year split between my family member investor and I.

I purchased a duplex as my next house hack turning my first one into a cash flowing rental! The search for a quality tenant took a few weeks and several applications but was well worth it to make sure I found one that qualified following fair housing laws.

House hacking is a investing tactic that anyone can do as a side hustle and does not require 20% down to get started!



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Real estate agent, investor and house hacker in Colorado.  I have purchased two properties to hold as rentals and plan to help others grow long term wealth and build financial freedom through real estate investing too!

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